Attached files
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| 8-K/A - FORM 8-K/A - GigPeak, Inc. | d8ka.htm |
Exhibit 99.1
GIGOPTIX, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands)
| July 3, | December 31, | Net Change | ||||||||||||||
| 2011 | 2010 | $ | % | |||||||||||||
| ASSETS | ||||||||||||||||
| Current assets: |
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| Cash and cash equivalents |
$ | 9,136 | $ | 4,502 | $ | 4,634 | 103 | % | ||||||||
| Short-term investments |
9,138 | — | 9,138 | NA | ||||||||||||
| Accounts receivable, net |
5,014 | 5,366 | (352 | ) | (7 | %) | ||||||||||
| Inventories |
2,464 | 1,609 | 855 | 53 | % | |||||||||||
| Prepaid and other current assets |
613 | 405 | 208 | 51 | % | |||||||||||
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| Total current assets |
26,365 | 11,882 | 14,483 | 122 | % | |||||||||||
| Property and equipment, net |
5,044 | 3,717 | 1,327 | 36 | % | |||||||||||
| Intangible assets, net |
6,026 | 3,861 | 2,165 | 56 | % | |||||||||||
| Goodwill |
11,985 | 7,407 | 4,578 | 62 | % | |||||||||||
| Restricted cash |
261 | 356 | (95 | ) | (27 | %) | ||||||||||
| Other assets |
567 | 653 | (86 | ) | (13 | %) | ||||||||||
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| Total assets |
$ | 50,248 | $ | 27,876 | $ | 22,372 | 80 | % | ||||||||
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| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||||||||||
| Current liabilities: |
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| Accounts payable |
$ | 3,545 | $ | 2,960 | $ | 585 | 20 | % | ||||||||
| Accrued and other current liabilities |
7,743 | 4,823 | 2,920 | 61 | % | |||||||||||
| Line of credit and debt |
877 | 3,226 | (2,349 | ) | (73 | %) | ||||||||||
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| Total current liabilities |
12,165 | 11,009 | 1,156 | 11 | % | |||||||||||
| Pension liabilities |
234 | 211 | 23 | 11 | % | |||||||||||
| Other long-term liabilities |
1,203 | 1,266 | (63 | ) | (5 | %) | ||||||||||
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| Total liabilities |
13,602 | 12,486 | 1,116 | 9 | % | |||||||||||
| Stockholders’ Equity |
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| Common stock, $0.001 par value; 50,000,000 shares authorized as of July 3, 2011; 21,505,599 and 12,210,264 issued and outstanding as of July 3, 2011 and December 31, 2010, respectively. |
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| Common stock, $0.001 par value |
21 | 12 | 9 | 75 | % | |||||||||||
| Additional paid-in capital |
115,799 | 88,553 | 27,246 | 31 | % | |||||||||||
| Accumulated deficit |
(79,379 | ) | (73,353 | ) | (6,026 | ) | 8 | % | ||||||||
| Accumulated other comprehensive income |
205 | 178 | 27 | 15 | % | |||||||||||
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| Total stockholders’ equity |
36,646 | 15,390 | 21,256 | 138 | % | |||||||||||
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| Total liabilities and stockholders’ equity |
$ | 50,248 | $ | 27,876 | $ | 22,372 | 80 | % | ||||||||
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